BANK OF NEW ZEALAND.
ANNUAL REPORT.
Wellington, June 2. ; The directors of the Bank of New i Zealand, in submitting the balance I sheet for the year ending March ;31st. state that the profits, aft or i making provision for expenses i management, bad and doubt Ji? j debts, donation to provident fund, jand bonus to staff, are £355,270. ! From this has to be deducted inI terest on guaranteed stock £40,000, ! making a balance of £315,070. Of
thus sum the directors have allocated in reduction of bank premises and furniture £20,000, leaving the I balance of profit for the year at £29.750. to •which has to be added the balance from last year, £64,134, totalling £359.405. From this has | been paid dividends on preference and ordinary shares, totalling £60,000, leaving available for distribution £299,405. This the directors propose should be disposed of as follows:—Dividend of 4 per cent, on preference shares £20,000 (making 10 per cent, for the year), dividend of 6 per cent, on ordinary shares £30,000; bonus of 3 per ;cent. on ordinary shares £15,000 ’(making 15 per cent, per cent, for I year); transfer to reserve fund i £200,000 (making reserve fund * £1,000,000) ; balance to be carried I forward £3-1,405.
A STRANGE SUBSTITUTE. A pror woman, whose husband was very ill, was instructed by the doctor to give the patient champagne and oysters every three hours. On his next visit, the doctor asked if his advice had been followed, when the woman stated that she had not been able to find money for champagne and oysters, but she had given her husband plenty of ginger beer and cockles ! Ths poverty of the woman makes this story pathetic, but how many people ther* are who have not the same excuse, who put up with substitutes, either becaus* I tin y are cheap or from some other inade quate reason. For instance, sufferers from rheumatism, gout, lumbago, neu raitxia, sciatica, backache. blood dis orders, anaemia, indigestion, biliousness, jaundice, si k-!>eadache. general debility. _ravel, stone and bladder troubles —al th iu.fn they may be well aware that | their suffering is due to the tact that ! iiieir kidneys and liver are acting inelfi I ii--:itly and failing to remove from th* sysreai the uric and bdiary poi.-c-m vv’- ; . h cause the pain—will persist ir ti". in, first one thing and then another whilst it w-»uid be so easy for them t< pm. i>?-.■> the st;va:n.il-ie aid <■! W.ar.er’* 5..5’ Cure, the great kidney and liver .-!> i: •_ Warner's Sate ( vxetciset .. .-.'.:t.u’ (ting and ij;flu; ur-or. th I. > i '.i,<r. thus f:< i i i ti :i the : 'c ftom the b<>«iy. through th- Mbad of the i:'h anc b.d try poisrcis which are the mis • Ih’-ot'i then results, as a matte’ e * «■ ar.-c, s Sa!'? >. nr is sole Ly eti:':r.;sls and stor- kcepcrs < vet-ywhere b :h in til-- and ri thr : at'-il ’ non- .on j ffv-rn Do r f 't be n n*”; with sub -•ti: i.;t-s. When you require champagne and oysters you do not want to be giver ginger beer and cockles.
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Bibliographic details
Hawke's Bay Tribune, Volume I, Issue 144, 3 June 1911, Page 11
Word Count
511BANK OF NEW ZEALAND. Hawke's Bay Tribune, Volume I, Issue 144, 3 June 1911, Page 11
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